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How much do "unnecessary" meetings cost you? In one company, at least 0,5 milion CZK a year.
Last time I wrote about what it means to shorten the monthly close time from 25 days to 4 days. Today I'm going to show you what it costs to not do this. Imagine the same company with a wide branch network selling electronics and a regular monthly review of the results of 100 branches. 7 minutes per branch. 7min × 100 branches = 700 minutes. That's 11.7 hours. Sitting at the table: Controller Head of Marketing Sales Director CEO Average personnel costs of a review participant
Feb 202 min read
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